Category: Business

SD Worx Reports Double-Digit Growth and Strengthens Its European Position

SD Worx Reports Double-Digit Growth and Strengthens Its European Position

SD Worx, the European leader in HR and payroll solutions, with operations in Romania as well, closed 2025 with strong financial results. Consolidated revenue increased by 10.7% to €1.307 billion, while adjusted EBITDA reached €271.2 million (+16.5%). For the first time, consolidated net profit exceeded the €100 million threshold, reaching €101.4 million (+6.9%). This performance supports the company’s continued investments […]

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LIFE IS HARD is closing its Telecommunications division, which drove the decline in its financial performance in 2025

LIFE IS HARD is closing its Telecommunications division, which drove the decline in its financial performance in 2025

LIFE IS HARD (LIH), a tech company listed on the Bucharest Stock Exchange’s AeRO market, has begun an efficiency drive following unsatisfactory financial results in 2025. The company aims to eliminate economically unsustainable structures from its current operating model and will focus its activities on IT&C – which generated revenues of over RON 8 million in 2025 – as well […]

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Devhd Accelerated Its Growth in 2025

Devhd Accelerated Its Growth in 2025

Devhd closed 2025 with revenues of approximately RON 9.6 million (~ EUR 1.9 million), marking a 43% increase YoY, and an EBITDA of RON 3.7 million, representing a 200% growth compared to 2024. Notably, the EBITDA margin reached a solid 38.8% in 2025, illustrating healthy profitability above the industry average, driven by the company’s intelligent business scaling. These results were […]

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Schneider Electric to become the Official Energy Technology Partner of McLaren Racing

Schneider Electric to become the Official Energy Technology Partner of McLaren Racing

McLaren Racing and Schneider Electric, a global energy technology leader, today announced that Schneider Electric will become the Official Energy Technology Partner of McLaren Racing, including the McLaren Mastercard Formula 1 Team, the Arrow McLaren IndyCar Team, McLaren F1 Academy, as well as the McLaren United Autosports WEC Hypercar Team. Together, Schneider and McLaren Racing will develop and deploy energy […]

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Smartree closes 2025 with solid results and accelerates the development of an integrated digital HR ecosystem

Smartree closes 2025 with solid results and accelerates the development of an integrated digital HR ecosystem

Smartree strengthens its position in the Romanian payroll, personnel administration, and HR Tech market, reporting a 7% increase in turnover in 2025, exceeding RON 28 million. These results reaffirm the company’s status as a strategic partner for organizations managing complex human resources processes. This performance was driven by a growing share of SaaS revenues, which increased by 15% year-on-year, significantly […]

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bpv Grigorescu Ștefănică advises Motherson as local counsel on tlobal acquisition of Nexans autoelectric

bpv Grigorescu Ștefănică advises Motherson as local counsel on tlobal acquisition of Nexans autoelectric

bpv Grigorescu Ștefănică has advised leading global automotive systems supplier Motherson on the Romanian aspects of the transaction involving the acquisition of 100% of Nexans autoelectric’s global wiring harness business, for an enterprise value of €207 million on a cash-free and debt-free basis. The transaction, which encompasses operations across 22 facilities in 11 countries including Romania, is subject to customary […]

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SGS: Enhancing digital trust capabilities following Panacea Infosec acquisition

SGS: Enhancing digital trust capabilities following Panacea Infosec acquisition

SGS are reinforcing our dedication to digital trust and payment card security solutions following the acquisition of Panacea Infosec – a global leader in information security. Headquartered in India, Panacea Infosec brings over 90 highly skilled InfoSec and cybersecurity professionals who serve clients in India, the US, the Middle East and Africa. The company is renowned for expertise in payment […]

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ASF and OQEMA announce distribution partnership in selected Central and Eastern European countries

ASF and OQEMA announce distribution partnership in selected Central and Eastern European countries

BASF and OQEMA, one of Europe’s leading chemical distributors, have entered a new distribution partnership for polymer dispersions for construction and architectural coatings as well as additives for paints & coatings in selected Central and Eastern European countries: Albania, Bosnia & Herzegovina, Bulgaria, Cyprus, Croatia, Czech Republic, Greece, Hungary, Kosovo, North Macedonia, Romania, Serbia, Slovakia, Slovenia. The collaboration, effective from […]

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Vertiv Completes Acquisition of PurgeRite, Expanding Leadership in Liquid Cooling Services

Vertiv Completes Acquisition of PurgeRite, Expanding Leadership in Liquid Cooling Services

Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure, today announced the successful completion of its previously reported intent to acquire Purge Rite Intermediate LLC (“PurgeRite”), a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities. The approximately $1.0 billion acquisition enhances Vertiv’s thermal management services capabilities and strengthens its […]

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Schneider Electric, AVEVA, and ETAP join Alliance for OpenUSD to advance digital twins and 3D modeling for Industries

Schneider Electric, AVEVA, and ETAP join Alliance for OpenUSD to advance digital twins and 3D modeling for Industries

Schneider Electric, a global energy technology leader, AVEVA, a global leader in industrial software, driving digital transformation and sustainability, and ETAP, the industry and technology leader in power system design and operation, today announced their membership in the Alliance for OpenUSD (Universal Scene Description). The companies join industry pioneers including NVIDIA, Pixar, Adobe and Autodesk in shaping the future of […]

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EXEDA Academy: The Fastest-Growing Executive Education Platform in Romania in only 6 months since launch — now a Global MBA Partner with IE University

EXEDA Academy: The Fastest-Growing Executive Education Platform in Romania in only 6 months since launch — now a Global MBA Partner with IE University

EXEDA – Executive Education Academy, an innovative executive education model from Romania, has recorded the fastest growth in the local industry within six months of launch. At the same time, EXEDA continues its strategic expansion through a partnership with IE University, one of the most innovative educational institutions in the world, widely recognized for its MBA programs. IE University is […]

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BASF targets Frankfurt Stock Exchange as listing location for Agricultural Solutions and presents its new Management Board

BASF targets Frankfurt Stock Exchange as listing location for Agricultural Solutions and presents its new Management Board

BASF is targeting the Frankfurt stock exchange as the listing location for its Agricultural Solutions business. The planned initial public offering (IPO) of Agricultural Solutions as a European company (Societas Europaea, SE) represents a major milestone in BASF’s “Winning Ways” strategy. It will establish the standalone business as an independent, pure-play agricultural company with global reach, robust growth prospects and […]

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